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Finchley Road Convenience Store, 175 Finchley Road, London, NW3 6LB

£120,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Convenience store for sale

Key features

  • Secure 10-year lease from 2024 at £37,000 p.a
  • Advised weekly turnover: c. £6,000
  • Includes 1 parking space
  • Premium: £120,000
  • Excellent location with strong local demand
  • Energy Rating D
  • Christie & Co Ref: 2411695

Description

Description

A well-sized convenience store in a prime North West London location. The property offers a modern layout across three levels, providing ample retail and storage space. Situated on a busy arterial route with strong passing trade and surrounded by residential properties.

Location

Positioned on one of North West London’s most prominent roads. The area benefits from high footfall, excellent visibility, and strong local demand. Close to transport links, including Finchley Road Underground Station and major bus routes, ensuring consistent customer flow.

Internal Details

Floor: approx. 800 sq ft – main retail area.

Mezzanine Floor: approx. 90 sq ft – ideal for office or storage.

Basement: approx. 1,087 sq ft – extensive storage space.

Note: No off-licence.

Fixtures & Fittings

The store is fitted for convenience retail, including chilled and frozen products, confectionery, and general groceries.

The Opportunity

This store presents an excellent opportunity for an operator seeking a secure, long-term business. An incoming operator could add services and apply for an off licence to drive sales.

Staff

We have been informed that no staff will be transferring over.

Trading Information

• Advised weekly turnover: c. £6,000.

• No formal accounts available.

Trading Hours

7:00am to 12:00am

Tenure

• New 10-year lease from 2024.

• Rent: £37,000 per annum.

• Premium: £120,000.

Business Rates

The VOA web portal states that the Rateable Value (1st April 2023 to present) is £33,750.

Brochures

Finchley Road Convenience Store, 175 Finchley Road, London, NW3 6LB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Finchley Road Station0.1 miles
  • Swiss Cottage Station0.2 miles
  • South Hampstead Station0.3 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 2411695-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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